Tax Incremental District Number Eight

FY 2024 ANNUAL BUDGET

Tax Incremental District (TID) #8 was approved effective January 1, 2002 for the purpose of acquiring and demolishing blighted properties and constructing a community park with riverfront amenities. In addition, the TID provides for street and utility work to foster development in the North Barstow Redevelopment District. In 2007 TID #8 was amended by adding project costs for streets and utilities as well as providing for development incentives.


TID #8 EQUALIZED VALUE


Base $12,418,400

Increment $70,176,037

Total Equalized Value $80,304,000

Percent Change 565%